Essay in very simple language with the boundaries of different words here. Here you can find Essay on Pocket Money and Its Significance in English language for 5, 6, 7, 8, 9, 10, 11, 12 and banking or other competitive exams students in 350 words.
Pocket Money is the money parents give to their children when they are young. Pocket money helps children learn about money management, and gradually, they know about the importance of wealth in their lives.
Importance of Pocket Money: Pocket money holds great importance in every child or every person's life. Pocket money ultimately helps children learn about spending and saving money correctly, which is also called money management.
Pocket money leaves a beautiful smile on the faces of children, which can not give anything at that age unless a relative has given her some sweets or money. And parents are usually happy to provide pocket money to their children to see a beautiful smile on their face.
Parents should also ensure that they pay their children pocket money, which is enough for them to survive for a week or even a day. The extra money given to your children will always cost them money negligently, and it will be difficult to control when grown.
Many parents deal with their children as if they clean their room or clean up the disturbances, and then only they give their children their pocket money. In this way, children also learn the importance of living in a clean environment.
As a parent, one should always make sure that he is giving enough pocket money to the children because children should never borrow money from their friends in school or colony. Lending is not a good habit, and it will never happen. In extreme cases, interest is included in the borrowed money, due to which someone has to pay an additional amount as compared to borrowing from anyone.
All these points mentioned above should be followed by each parent because every child requires pocket money. However, pocket money should be given in such a way that your child is never sick or careless. And she should always be a child who cleanses the rooms and rooms around her to earn some money from her parents. That's right, and your child can learn a great deal from the pocket money process!